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Samuel Seeff is chairman of the Seeff Group.
Rate cut should've been bolder to kickstart economy, property market

While welcoming the decision by the Monetary Policy Committee (MPC) of the Reserve Bank to cut the repo rate by 25 basis points to 6.50%, the bank should have been bolder...

By Samuel Seeff 19 Jul 2019

Property market: Flat prices, more stock and potential rate cut ahead

The news that the economy contracted by 3.2% in the first quarter and that the GDP growth outlook for the year has been adjusted to 1% by the Reserve Bank and Moody's is not what we had wanted to hear right now...

By Samuel Seeff 14 Jun 2019

Rate cut needed to kickstart the economy

The Reserve Bank should have been brave and should have cut the interest rate to kickstart the economy...

By Samuel Seeff 24 May 2019

Buyer analysis-paralysis, the elections can't come quick enough

The 2019 elections simply cannot come quick enough. It is time to get it done and dusted as quickly and efficiently as possible so that we can get back to the business of building the economy and property market...

By Samuel Seeff 30 Apr 2019

Property market outlook flat as we head towards May elections

While we wait for the conclusion of the May elections and the economy to take the positive turn that we are all anticipating, it would be remiss not to continue cautioning that economic and property market recovery will take time...

By Samuel Seeff 16 Apr 2019

No rate hike a welcome relief, but likely short lived

The decision by the Monetary Policy Committee (MPC) of the Reserve Bank to keep the repo rate unchanged at 6.75% (base home loan rate at 10.25%) is welcome news for the property market, but likely to be short-lived...

By Samuel Seeff 29 Mar 2019

#BudgetSpeech2019: Budget measured, but time to get the house in order

Finance Minister Tito Mboweni's maiden budget was always going to be tough given the extent of the economic challenges...

By Samuel Seeff 21 Feb 2019

Transfer duty, capital gains tax too high a burden for property market

While government had intended to boost its tax income from wealthy buyers with the introduction of transfer duty and capital gains tax, it has actually had the opposite and stifling effect on the upper end of the market...

By Samuel Seeff 7 Feb 2019

Interest rate news good, time to get on with rebuilding the economy

Following the November rate hike, the Seeff Property Group has welcomed the decision to keep the interest rate on hold as the right decision...

By Samuel Seeff 18 Jan 2019

#BizTrends2019: Will 2019 be the turnaround for the economy and property market?

That is the question on everyone's lips as we look forward to dusting off the challenges of 2018 which was, by all accounts, a challenging year for the economy and property market...

By Samuel Seeff 9 Jan 2019

Flat outlook for property, but a great time to buy

Like everyone else, we had hoped that the technical recession would be staved off...

By Samuel Seeff 11 Sep 2018

Property outlook improves, but still all about the buyers

Although the economy and property market is showing improvement, it is still all about the buyers...

By Samuel Seeff 10 May 2018

Repo rate cut a welcome boost for economy, property market

The decision by the Monetary Policy Committee of the SA Reserve Bank to cut the repo rate by 25bps from 6.75% to 6.50%, taking the base home loan rate from 10.25% to 10%, is a welcome boost for the economy and property market...

By Samuel Seeff 29 Mar 2018

#Budget2018: Rising tax burden on shrinking base worrying for economy, property

It was always going to be a tough budget given that finance minister Malusi Gigaba already signalled during his mini-budget late last year that there was a significant fiscal deficit that needed to be funded...

By Samuel Seeff 22 Feb 2018

#BizTrends2018: Buyer's market emerging for property heading into 2018

The property market has shifted notably over the last 18 months as the fall-out from the weak political and economic climate, poor growth and credit downgrades continue...

By Samuel Seeff 11 Jan 2018

#MTBPS2017: Mini budget's sobering economic outlook points to period of prudence for property market

The key messages to take out of Finance Minister Malusi Gigaba's maiden mini budget presentation to parliament all point to a period of prudence for the property market...

By Samuel Seeff 26 Oct 2017

Think you're ready to invest in a rental property?

You need to take care, there are pitfalls...

By Samuel Seeff 21 Aug 2017

Flat repo rate, lower inflation welcomed as economic challenges mount

The Monetary Policy Committee of the South African Reserve Bank announced on Thursday, 25 May, that the repo rate is to remain at 7% (home loan base rate of 10.5%)...

By Samuel Seeff 26 May 2017

SONA lacked excitement needed to boost economy, property market

President Jacob Zuma's 2017 State of the Nation address offered very little new from last year and is unlikely to boost business and investor confidence, desperately needed to re-energise the economy and property market...

By Samuel Seeff 10 Feb 2017

Rates decision welcomed amidst challenging economy, property market

The recent decision by the Monetary Policy Committee of the South African Reserve Bank (SARB) to keep the interest rate at the current level of 7% (home loan base rate of 10.5%) for the fifth successive meeting is most welcome news...

By Samuel Seeff 27 Jan 2017

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